Akron Ohio Among Top 10 Cities to Buy a Home on Today Show

If you watched the Today Show this morning you would have seen Barbara Corcoran, a real estate consultant, mention Akron Ohio as one of the top 10 cities to buy a home. Reasons she mentions are the median price is 10% less than 2007, and great jobs are moving into the area. Akron’s sister cities Canton and Massillon are less than a 30 minute drive and offer even better pricing and an easy commute. View the video below.

Many people don’t quite understand the importance of the interest rate when purchasing. My thoughts: It’s significant! It’s likely that rates can rise very quickly overnight once the economy is back on track. Here’s a quick lesson on interest rates.